"FiboCalc button" that leads to entries with the previous day's high and low + Fibonacci
It will tell you all the stop loss and profit points
It is an indicator that shows the entry point and the rate of profit taking / loss cut taking into account the direction of the previous day's high and low prices and the trend up to that point.
In order to use the data up to the previous day, it will be a signal once a day for each currency pair.
Since the entry, loss cut, and settlement rates are fixed at the beginning of the day, IFO orders are also possible. (“Buy Level” or “Sell Level” is the entry rate, “Stoploss level” is loss cut, and Profit Target 1, 2, 3 is profit taking.)
The information displayed on the upper left of the chart also shows the entry and exit rates, and the risk reward for profit taking is known in advance.
It's a very convenient indicator.
Re: Fibonacci, Trendlines, Support Resistance & Pivot Point Indicators MT4
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- 太虚一毫, RodrigoRT7
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.